N54.2 trillion budget: Peter Obi tasks government on transparency

Date:

Share post:

Peter Obi, former presidential candidate and ex-Governor of Anambra State, raised concerns about the lack of transparency in the N54.2 trillion national budget for 2025.

Following President Bola Tinubu’s announcement of an increase from N49.7 trillion, Obi emphasized that Nigerians deserve a clear explanation of how the generated resources will be allocated.

He stated, “For transparency and accountability sake, Nigerians need to know how the resources generated from them are being allocated.”

Obi pointed out that while the sources of the increased revenue were outlined, no corresponding breakdown of expenditures was provided to justify the rise.

He stressed the importance of judicious spending, particularly in critical areas like education, healthcare, security, and poverty alleviation.

Obi also reminded Nigerians that they are still awaiting detailed information about the implementation of the 2023 “Renewed Hope” budget.

He urged the National Assembly to take action by publicly disclosing the full details of the 2024 budget, noting that transparency is crucial for ensuring accountability and informed decision-making.

“Transparency in this regard is crucial for ensuring accountability, learning from past budgets, and making informed decisions for the nation’s progress,” Obi stated, urging the government to prioritize openness and the well-being of the Nigerian people.

spot_img

Related articles

Natasha: Kogi Central recall process concluded – INEC

The Director of Voter Education and Publicity at the Independent National Electoral Commission (INEC), Victoria Eta-Messi, says the...

How Police rescued kidnapped foreigner in Taraba

The Police Command in Taraba State, in collaboration with the military and hunters, has rescued a kidnapped foreigner. The...

Why South Korea’s court ousts impeached President Yoon

South Korea’s top court on Friday unanimously ruled to remove impeached president Yoon Suk Yeol from office over...

UN: Treaty on older people’s rights moves ahead

Geneva, April 3, 2025 – The United Nations Human Rights Council began an intergovernmental process on April 3,...